Zhejiang Goldensea Hi-Tech Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:23 am EDT
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Zhejiang Goldensea Hi-Tech Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 508.517 million compared to CNY 504.454 million a year ago. Operating income was CNY 90.463 million compared to CNY 78.436 million a year ago. Net income was CNY 73.483 million compared to CNY 65.509 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.31 a year ago.
Zhejiang Goldensea Hi-Tech Co Ltd, formerly Zhejiang Goldensea Environment Technology Co Ltd, is a China-based company mainly engaged in the research, development and manufacturing of high-performance filter materials, functional filter materials and functional filters. The Company's main products include high-performance filter materials, filter nets, air purifier filters, fresh air system filters, automotive air conditioning filters, rail transit air conditioning filters, oil fume filters, ventilating fan filters, air conditioning fans and full heat switch, etc. Its products are used in household and commercial central air conditioners, air purifiers, air conditioning filtration systems and fresh air systems for automobiles, trains, airplanes and ships. The Company operates its businesses within the China market and to overseas markets.